Beacon Chain epoch

Hash

6ef7e1f9120ac484d9778d56d702545f0cfa206d9063ee38cf6ceacf097248356...

07 Dec 2022 09:26:35 UTC (1 year ago)

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The Beacon Chain is a key component of the Ethereum 2.0 upgrade, which introduces proof-of-stake to the network, fundamentally changing the consensus mechanism from proof-of-work to a more energy-efficient system. It acts as the central coordination and consensus layer, managing the network of validators, their stakes, and providing the backbone for shard chains to ensure scalability and security for the entire Ethereum ecosystem.